Prime Minister Pham Minh Chinh met separately with Chinese leading infrastructure and energy corporations in Kunming on November 6 to bolster bilateral cooperation in the areas.

The meetings took place as part of his ongoing trip to China to attend the eighth Greater Mekong Subregion (GMS) Summit, the 10th Ayeyawady - Chao Phraya - Mekong Economic Cooperation Strategy (ACMECS) Summit, and the 11th Cambodia-Laos-Myanmar-Vietnam Cooperation Summit, and to hold bilateral activities in the neighbouring country.

At the events, the Vietnamese Government leader said he welcomes Chinese investment in the country and highlighted the flourish neighbourly friendship between the two countries.

He stressed that enterprises of both sides should strengthen cooperation and promote the realisation of high-level agreements and specific cooperation initiatives and make the Vietnam – China comprehensive strategic cooperative partnership and a community with a shared future that carries strategic significance develop in a deeper and more comprehensive and sustainable fashion.

The leader called for enhanced collaboration through specific projects along with preferential financial support, technology transfer, R&D cooperation, and human resources training, among others, helping Vietnamese firms better integrate into corporate and global supply chains.

Vietnam is pushing ahead its three strategic breakthroughs in fine-tuning institutions and laws, building hard and soft infrastructure, and developing human resources, he said, affirming it has created all favourable conditions in accordance with current regulations so that Chinese investors could work effectively and sustainably in the country.

In a meeting with Chairman of the China Railway Construction Corporation (CRCC) Dai Hegen, PM Chinh hailed the enterprise’s effective and sustainable business and investment activities across the globe.

Welcoming the CRCC’s plan to expand its operation in Vietnam, he underscored that the Government always accompanies and supports the corporation’s activities in the country, and encouraged the firm’s engagement in Vietnam’s railway projects, particularly the Lao Cai – Hanoi – Hai Phong, Hanoi – Lang Son, Hai Phong – Mong Cai railways, and several expressway projects linking Vietnamese and Chinese localities.

The Chinese official said the firm is willing to join the projects and commits to meeting all of the set objectives.

He recommended the Vietnamese side expedite and streamline administrative procedures and the Chinese one provide assistance for the feasibility study and assign specific tasks to the CRCC so that it can begin construction in December next year.

The CRCC, ranked 39th in the Fortune Global 500, has cooperated with Vietnam in the railway sector for years.

In a meeting with Chairman of Huadien Corporation Jiang Yi, PM Chinh suggested the enterprise work with Vietnamese partners on clean energy development and power distribution and trade.

Welcoming the corporation’s plan to expand investment and business activities in Vietnam, Chinh recommended several areas for enhanced cooperation, including investment proposals, transfer of modern technology solutions, and management expertise sharing.

He also asked the Huadien to study collaboration in Vietnam’s priority areas such as the establishment of energy industrial centres integrated with concentrated industrial parks, the building of processing and manufacturing centres, and human resources development.

Jiang Yi said Huadien has attached much importance to the Vietnamese market and landed 2.8 billion USD there, adding the corporation wants to enhance investment in the country across the areas of wind energy, green hydrogen, energy storage projects, and power system upgrade.

The same day, PM Chinh had a working session with Vice Chairman of Energy China Zhang Deliang, encouraging the firm to expand its operation in wind power, solar power, liquefied natural gas power, and transport infrastructure development in Vietnam.

He affirmed that Vietnam always creates favourable conditions for Chinese companies, including Energy China, to effectively, successfully, and sustainably do business in the country.

The corporation leader, for his part, said Energy China is carrying out 16 projects worth 2.2 billion USD in Vietnam. He expressed his confidence in the country’s investment climate, saying the corporation wants to engage in offshore wind power, LNG power and transport projects in Vietnam.

At the events, taking place as part of his trip to attend the 8th Greater Mekong Subregion (GMS) Summit and bilateral activities in China, PM Chinh noted that the friendly neighbourliness, comradeship and fraternity between Vietnam and China are developing fruitfully, providing an important cornerstone for their enterprises to enhance connections.

He called on the Chinese firms to boost connectivity, exchanges, and collaboration in Vietnam via concrete projects.

Wei Yingbiao, Deputy General Manager of the Commercial Aircraft Corporation of China, Ltd. (COMAC), said Vietnam is a large and highly potential market. COMAC has been engaging in in-depth technical discussions with Vietjet, the largest private airline in Vietnam, so as to put its aircraft into use in the country, thus turning the COMAC - Vietjet partnership into a new model and a bright spot in transport cooperation between the two countries.

PM Chinh spoke highly of COMAC’s achievements in researching and developing modern commercial aircraft, and said he believed the firm will make great strides in manufacturing aircraft, especially in wide-body aircraft, to compete with leading plane manufacturers around the world.

Wei said COMAC will work closely with Vietjet to carry out their partnership, while PM Chinh requested cooperation in operating more air routes in Vietnam and those between the two countries, and help the country with science - technology development and aerospace exploitation to serve national development.

PM calls on Chinese aviation, agriculture firms to strengthen ties with Vietnamese partners
 

The same day, the Government leader received Chairman of the Kunming International Flora Auction Trading Centre Co. Ltd (KIFA) Cao Ronggen, who said KIFA hopes to strengthen trade cooperation with Vietnamese localities and enterprises to form a high-tech floricultural and horticultural supply chain.

PM Chinh highlighted the abundant land resources and cool climate all year round in the northern midland and mountainous region as well as the north-central region of Vietnam that are favourable for many high-end flower varieties. Particularly, Son La, Dien Bien, and Lai Chau provinces have industrial-scale flower farms and enterprises to serve domestic consumption and export. With a population of more than 100 million, Vietnam also has a large demand for flowers and ornamental plants.

As the flower and ornamental plant sector requires material zones, production technologies, and a system for distribution, he asked KIFA to actively propose concrete cooperation projects in material sources, supply chain and export to the Ministry of Agriculture and Rural Development, the Ministry of Industry and Trade, and related localities of Vietnam in order to build win-win partnerships.

The PM also suggested KIFA work with the Vietnamese side to build a detailed cooperation plan to carry out programmes and activities fruitfully./. VNA